OpenAI's outage on Wednesday left users unable to access ChatGPT or the Sora video generator. ChatGPT has been unavailable for over an hour.
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority investors.
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM's Cruise robotaxi unit back in 2021.
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise.
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech giant said in a filing on Wednesday.
AI stock benefits from a strong partner network and increasing demand for its C3 Generative AI solutions, presenting a strong buying opportunity.
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individuals who purchased video games through the Microsoft/Xbox website. Reports suggest that legally protected data may have been intercepted during transactions, particularly for customers who purchased video games featuring cut scenes or cinematics.
Lina Khan will leave the regulator, which is seen as a relief for some Big Tech companies. Her replacement Andrew Ferguson isn't necessarily good news for all of them.
Microsoft shareholders turned down a proposal calling on the company to consider diversifying its investments by including Bitcoin in the mix, but the company was actually more open-minded than it might seem.
C3 AI CEO Tom Siebel joins Caroline Hyde to discuss the company's latest results, their partnership with Microsoft on enterprise AI, the AI future under a new Trump administration. He speaks on "Bloomberg Technology.
Michael Saylor said during Microsoft's annual shareholder meeting that the software company could convert cash flows, dividends, buybacks and debt into bitcoin. Saylor's net worth has grown by billions of dollars as his company, MicroStrategy, has plunged capital into bitcoin.